How to Replace Your W2 Income with Just 6 Rental Properties

How to Replace Your W2 Income with Just 6 Rental Properties

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Episode #309

Can a few rental properties replace your entire W2 income? Many rookies assume that becoming a full-time investor is only possible after amassing a large portfolio with dozens of properties, but that’s not the case. Today’s guest was able to meet his family’s monthly income goals with only six rentals!

In this episode of the "Real Estate Rookie" podcast, we’re speaking (in person!) with Travis Hall, an investor who knew very little about real estate just 18 months ago. After seeing the stress that his wife’s rigorous W2 job was creating, Travis discovered BiggerPockets and caught the real estate bug. The rest is history. Today, he has a small portfolio of six rentals—all thanks to the power of networking, partnerships, and, most importantly, taking action.

If you’re ready to trade in the rigidity of your nine-to-five for the flexibility of real estate, tune in to hear Travis talk about his fast journey to full-time real estate investor. He spares no details when discussing his short-term rental strategy (including some VERY unique investments), as well as the monthly income goals he needed to meet to make full-time investing a reality.

Grab Ashley and Tony’s latest book, “Real Estate Partnerships”. Don’t forget to use code “REALESTATE” to get 10% off at checkout: https://store.biggerpockets.com/products/real-estate-partnerships?utm_source=youtube&utm_medium=description&utm_campaign=none

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Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
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Join the Real Estate Rookie Facebook Group:
https://www.facebook.com/groups/realestaterookie
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Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
http://biggerpockets.com/lendermatch
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Pre-Order The New Book “Real Estate Partnerships” and Use Code “REALESTATE” to Get 10% Off:
https://store.biggerpockets.com/products/real-estate-partnerships?utm_source=youtube&utm_medium=description&utm_campaign=none
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Hear Our Interview with Chad “Coach” Carson On the Small and Mighty Rental Portfolio:
https://www.biggerpockets.com/blog/rookie-306?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Travis on Instagram:
@travishallhomes or https://www.instagram.com/travishallhomes/
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Follow David Greene on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/echopm?utm_source=youtube&utm_medium=description&utm_campaign=none
Tony: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Ashley and Tony on Instagram:
Ashley: @wealthfromrentals or https://www.instagram.com/wealthfromrentals/
Tony: @tonyjrobinson or https://www.instagram.com/tonyjrobinson/

Show notes at: https://www.biggerpockets.com/blog/rookie-309?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

04:05 Discovering Real Estate

11:53 Replacing W2 Income

23:58 MORE Rentals

36:50 Partner Up!

40:58 Rookie Exam

47:20 Connect with Travis!